WaveDancer, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

3. Stock Options (Tables)

3. Stock Options (Tables)

12 Months Ended

Dec. 31, 2012

Fair value hierarchy for financial assets

The following table represents the fair value hierarchy for our financial assets (cash equivalents and marketable securities) measured at fair value on a recurring basis as of December 31, 2012 and 2011 (in thousands):

	Level 1		Level 2		Level 3
December 31, 2012
Money market accounts	$	2,003	$	-	$	-
Total	$	2,003	$	-	$	-

December 31, 2011
Money market accounts	$	1,022	$	-	$	-
Total	$	1,022	$	-	$	-

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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